University of Kwazulu-Natal

Rigetti Computing Rgti Reports Mixed Q3 2025 Results Gurufocus

Bonisiwe Shabane
-
rigetti computing rgti reports mixed q3 2025 results gurufocus

Rigetti Computing (Nasdaq: RGTI) reported Q3 2025 results: total revenue $1.9M, operating loss $20.5M, GAAP net loss $201.0M and non-GAAP net loss $10.7M (GAAP EPS $(0.62); non-GAAP EPS $(0.03)). Balance sheet: $558.9M in cash, cash equivalents and AFS investments at Sept 30, 2025; proceeds of $46.5M from warrant exercises raised cash to ≈$600M as of Nov 6, 2025. Commercial and tech highlights: secured ≈$5.7M in purchase orders for two 9-qubit Novera systems; awarded a $5.8M AFRL contract; roadmap targets 100+ qubit (99.5% fidelity) by end-2025, 150+ qubit (99.7%) by end-2026 and 1,000+... On the day this news was published, RGTI declined 2.04%, reflecting a moderate negative market reaction. Argus tracked a trough of -13.8% from its starting point during tracking. Our momentum scanner triggered 30 alerts that day, indicating elevated trading interest and price volatility.

This price movement removed approximately $228M from the company's valuation, bringing the market cap to $10.95B at that time. Data tracked by StockTitan Argus on the day of publication. Rigetti Computing Inc (NASDAQ:RGTI) reported its financial results for the third quarter of 2025, delivering a mixed performance that has resulted in a muted market response. The company, a developer of full-stack quantum computing systems, beat analyst expectations on its bottom-line loss but fell short on revenue, creating a complex picture for investors. The company's performance against Wall Street estimates presents a tale of two metrics. While the loss was not as deep as feared, the top-line revenue failed to meet projections.

The market's reaction has been negative in the immediate aftermath, with the stock trading lower. This suggests that investors are placing greater emphasis on the revenue miss than the narrower-than-expected loss, a common dynamic for growth-stage companies where sales growth is a primary valuation driver. Beyond the headline earnings figures, the company's press release detailed several key financial and operational developments. The quarter was characterized by significant fundraising activity and continued investment in its core technology. A central focus of the earnings report was the reaffirmation and extension of Rigetti's technology roadmap, outlining ambitious targets for the coming years. The company also highlighted several strategic partnerships aimed at advancing the broader quantum ecosystem.

Rigetti Computing reported sales a bit shy of estimates along with a modestly smaller-than-expected loss. For Q3, the quantum computing firm posted: Revenue: $1.9 million (compared to an analyst consensus estimate of $2.17 million) Adjusted earnings per share: -$0.03 (estimate: -$0.05) The prospect of government support has been a major catalyst for the quantum space in recent months, including the US government deeming the technology an R&D priority, which was followed by a report that... That report, however, was quickly contradicted by separate reports.

Rigetti Computing Inc (RGTI) reported a loss of $0.03 per share for the third quarter of fiscal 2025, exceeding Wall Street's consensus estimate of $-0.04. Revenue remained at $0.0 billion, aligning with analyst expectations. The company’s performance reflects its ongoing efforts in the semiconductor industry, where it provides full-stack quantum computing services. Headquartered in Berkeley, California, Rigetti operates quantum computers over the cloud and serves a diverse range of clients through its Rigetti Quantum Cloud Services platform. The firm has developed a multi-chip quantum processor designed for scalable systems and offers Quantum Computing as a Service (QCaaS). Rigetti also sells quantum processing units (QPUs) and custom computing components.

The company will host an earnings conference call to discuss these results and provide further insights into its business performance. Investors should review the full earnings release and management commentary for a complete understanding of the quarter's outcomes and future expectations. Looking ahead, Rigetti's upcoming earnings on August 9, 2026, are projected to show an EPS of $-0.04 and revenue of $4.6 million. This brief was generated from structured financial data and reviewed by the Investing Point editorial team. It is for informational purposes only and does not constitute investment advice. Market data provided by Finnhub.

People Also Search

Rigetti Computing (Nasdaq: RGTI) Reported Q3 2025 Results: Total Revenue

Rigetti Computing (Nasdaq: RGTI) reported Q3 2025 results: total revenue $1.9M, operating loss $20.5M, GAAP net loss $201.0M and non-GAAP net loss $10.7M (GAAP EPS $(0.62); non-GAAP EPS $(0.03)). Balance sheet: $558.9M in cash, cash equivalents and AFS investments at Sept 30, 2025; proceeds of $46.5M from warrant exercises raised cash to ≈$600M as of Nov 6, 2025. Commercial and tech highlights: se...

This Price Movement Removed Approximately $228M From The Company's Valuation,

This price movement removed approximately $228M from the company's valuation, bringing the market cap to $10.95B at that time. Data tracked by StockTitan Argus on the day of publication. Rigetti Computing Inc (NASDAQ:RGTI) reported its financial results for the third quarter of 2025, delivering a mixed performance that has resulted in a muted market response. The company, a developer of full-stack...

The Market's Reaction Has Been Negative In The Immediate Aftermath,

The market's reaction has been negative in the immediate aftermath, with the stock trading lower. This suggests that investors are placing greater emphasis on the revenue miss than the narrower-than-expected loss, a common dynamic for growth-stage companies where sales growth is a primary valuation driver. Beyond the headline earnings figures, the company's press release detailed several key finan...

Rigetti Computing Reported Sales A Bit Shy Of Estimates Along

Rigetti Computing reported sales a bit shy of estimates along with a modestly smaller-than-expected loss. For Q3, the quantum computing firm posted: Revenue: $1.9 million (compared to an analyst consensus estimate of $2.17 million) Adjusted earnings per share: -$0.03 (estimate: -$0.05) The prospect of government support has been a major catalyst for the quantum space in recent months, including th...

Rigetti Computing Inc (RGTI) Reported A Loss Of $0.03 Per

Rigetti Computing Inc (RGTI) reported a loss of $0.03 per share for the third quarter of fiscal 2025, exceeding Wall Street's consensus estimate of $-0.04. Revenue remained at $0.0 billion, aligning with analyst expectations. The company’s performance reflects its ongoing efforts in the semiconductor industry, where it provides full-stack quantum computing services. Headquartered in Berkeley, Cali...